Focused Photonics(Hangzhou) Inc. Posted 169.7 Million Yuan Net Loss in First Half of 2023

Focused Photonics(Hangzhou) Inc. (聚光科技(杭州)股份有限公司) (300203.SZ) reported a net loss of 169.7 million yuan in the first half of 2023, widening 53.3% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 11.1% year-on-year.

At the end of the reporting period, it had 9.9 billion yuan in total assets and 6.6 billion yuan in total liabilities, with a liability-to-asset ratio of 66.1%.